Corporate Tax Planning on Preference Share

Tax planning 766 views 2 replies

Dear All,
 
I an query about double tax of corporates on their declared dividents in respect of preference shares. Either corporate companies has to pay corporate tax & corporate divident tax both on declared devidents even the company pays divident from fresh issue, not from profits?

Replies (2)

company will have to pay DD Tax.

What is DD tax, I couldn't get it.


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